Kumba Iron Ore's latest report reveals a 20% reduction in workforce due to restructuring and ongoing logistical challenges, while the company remains optimistic ...
South Africa's egg production is on the rise as the poultry industry recovers from recent HPAI outbreaks, leading to anticipated lower selling prices. Quantum Foods ...
He said innovative ways are being developed to encourage the private sector to partner with the government in developing and financing infrastructure.
Three major African diamond-producing nations are mounting a strategic response to the growing synthetic diamond market, focusing on authenticity and socio-economic ...
The South African mining industry faced significant challenges in 2024, with lower commodity prices leading to 12,000 job losses. The Minerals Council has highlighted ...
Eskom continued to utilise the summer break over the past week, along with the lower demand from industry, to increase its planned maintenance activities and further ...
Mantashe said there was currently much interest in South Africa's petroleum exploration resources, and several exploration projects in the Orange Basin were ‘gearing ...
TotalEnergies said the fields could “not be turned into a commercial development as it appears to be too challenging to economically develop and monetise these gas ...
South African billionaire Christo Wiese has lost a court appeal in a case relating to a tax debt owed to the SA Revenue Service of R216. 6 million.
Standard Bank said on Tuesday that “there has been no breach of its system”, though it apologised to customers for delayed responses when calling their call centre ...
Despite our best efforts, the current operating environment remains challenging, necessitating further action to ensure the long-term sustainability of our manufacturing ...
‘Brand upgrades are more than just a fresh coat of paint, they are a strategic investment in staying connected to our audience, adapting to market changes and reinforcing ...
Eskom said its diesel budget from May to June was R5. 8 billion, and only R1. 16bn had been spent as of May 9, 2024, or 19. 7% of the total budget
JSE executives said they were doing all they could to slow the shrinkage of the bourse and encourage more listings.
In a blow to local jobs, British American Tobacco South Africa said it has been forced to scale down its direct retail product distribution and delivery operations, ...
SA Reserve Bank governor Lesetja Kganyago has repeatedly said that the Monetary Policy Committee wishes to see headline earnings inflation trend towards the 4. 5% ...
Public Works and Infrastructure Minister Sihle Zikalala said the government’s investment in large-scale infrastructure was its contribution to job creation and economic ...
FNB said it was complying with a specific order by the High Court (KZN Division) by closing former president Jacob Zuma’s bank account and that it could not comment ...
Gross domestic product increased by only 0. 1% in the fourth quarter of 2023 over the previous three months, only narrowly avoiding a technical recession after six ...
The MTN Group that its annual results to December would be hit hard by the sharp devaluation in Nigeria’s naira against the US dollar, despite a good operational ...
Copper 360’s share price increased sharply this week after it announced that a drone survey had confirmed a large on surface high-grade copper deposit, which could ...
PwC South Africa believes that Finance Minister Enoch Godongwana will announce in the Budget on Wednesday that National Treasury will go ahead with a planned increase ...
It has reduced the backlog of ships to be serviced at the Port of Durban to 12 vessels by the end of January from more than 60 vessels in the middle of November. ...
Anglo American has announced the launch of a research and development project in collaboration with GEM, one of China’s largest battery and battery material recyclers. ...
The government has announced rebates on frozen chicken imports, a move likely to keep a check on rising chicken prices for consumers amid a cost of living crisis. ...